Rezolve AI (NASDAQ:RZLV) Receives Overweight Rating from Cantor Fitzgerald

Cantor Fitzgerald reissued their overweight rating on shares of Rezolve AI (NASDAQ:RZLV) in a research report sent to investors on Wednesday,Benzinga reports. They currently have a $8.00 price target on the stock.

A number of other equities analysts have also recently commented on the company. Roth Capital raised their target price on Rezolve AI from $9.00 to $12.50 and gave the stock a “buy” rating in a report on Thursday, October 2nd. HC Wainwright reaffirmed a “buy” rating and issued a $10.00 price objective on shares of Rezolve AI in a research note on Friday, December 19th. Maxim Group lifted their price objective on Rezolve AI from $10.00 to $15.00 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Weiss Ratings reissued a “sell (e+)” rating on shares of Rezolve AI in a report on Wednesday, October 8th. Finally, Wall Street Zen downgraded shares of Rezolve AI from a “hold” rating to a “sell” rating in a report on Saturday, October 11th. Seven research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.29.

Rezolve AI Trading Up 2.9%

RZLV opened at $2.88 on Wednesday. The firm’s 50 day simple moving average is $3.39 and its two-hundred day simple moving average is $3.70. Rezolve AI has a 1-year low of $1.07 and a 1-year high of $8.45.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RZLV. Vanguard Personalized Indexing Management LLC grew its holdings in Rezolve AI by 14.5% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 21,058 shares of the company’s stock valued at $105,000 after buying an additional 2,661 shares in the last quarter. Ameritas Investment Partners Inc. grew its stake in Rezolve AI by 32.1% during the third quarter. Ameritas Investment Partners Inc. now owns 12,254 shares of the company’s stock valued at $61,000 after acquiring an additional 2,975 shares in the last quarter. SBI Securities Co. Ltd. increased its holdings in Rezolve AI by 11.8% in the 3rd quarter. SBI Securities Co. Ltd. now owns 30,621 shares of the company’s stock valued at $152,000 after acquiring an additional 3,242 shares during the last quarter. Legal & General Group Plc lifted its stake in Rezolve AI by 58.4% in the 3rd quarter. Legal & General Group Plc now owns 16,036 shares of the company’s stock worth $80,000 after purchasing an additional 5,915 shares in the last quarter. Finally, ProShare Advisors LLC boosted its holdings in shares of Rezolve AI by 34.6% during the 3rd quarter. ProShare Advisors LLC now owns 25,080 shares of the company’s stock valued at $125,000 after purchasing an additional 6,444 shares during the last quarter. 27.96% of the stock is currently owned by institutional investors.

About Rezolve AI

Rezolve AI, Inc operates a cloud-based engagement platform that connects physical world touchpoints to digital experiences. Through its proprietary Rezolve platform, the company enables brands and marketers to deploy interactive mobile campaigns triggered by NFC-enabled tags, QR codes, short URLs and other proximity-based technologies. These campaigns facilitate in-the-moment product demonstrations, digital promotions and seamless e-commerce transactions without the need to download a dedicated app.

The company’s platform includes a no-code campaign management portal, real-time analytics dashboard and integration tools for customer relationship management, payment processing and third-party marketing systems.